Consideration of indexed annuity rule resumes
After reopening the comment period for a proposal to regulate index annuities as securities, regulators again are considering whether to adopt the rule.
After reopening the comment period for a proposal to regulate index annuities as securities, regulators again are considering whether to adopt the rule. Floated in June, the rule would establish standards for determining when such annuities could be considered securities. Comments were due to the SEC by Nov. 17. For more details, visit sec.gov/rules/proposed/2008/33-8976.pdf.
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